Grupo Financiero Banorte SAB de CV Aktie
WKN DE: A0X86W / ISIN: US40052P1075
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11.09.2013 00:31:00
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Banco Mercantil del Norte, S.A. -- Moody's affirms Banorte's ratings, outlook changed to stable
Mexico, September 10, 2013 -- Moody's de México today affirmed all Banco Mercantil del Norte, S.A.'s (Banorte) ratings and changed the outlook to stable from negative. The ratings affirmed were the C- (C minus) standalone bank financial strength rating (BFSR), which maps to a baa2 standalone baseline credit assessment (BCA), and the A3 long-term global local currency deposit rating. Moody's also affirmed the bank's Baa3 long-term subordinated debt and Ba1 junior subordinated debt ratings. All the existing short-term ratings were affirmed. The Mexican National Scale ratings were also affirmed. The outlook on all these ratings is stable.
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